How the Recession changed these peoples lives
Today’s Millennials have a negative outlook on investing into the stock market. In 2009 Stefan Nagel did a study on the willingness of financial risks for “Depressions-era babies.” He found out that if they were to make an investment that it would be a lower fraction.
In fact he says according to a survey by Bankrate, “30% of Millennials say cash is their long-term investment of choice, while previous generations lean toward stocks.” As far as careers go a lot of millenials have been forced to take more risks professionally since they graduated during the recession. Unlike the previous[…]
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